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ESAB logoESAB Corporation (ESAB) Earnings History

Annual and quarterly earnings data from 2019 to 2025

TTM Net Income
$207M
Profitable
TTM EPS
$3.72
Diluted
YoY EPS Growth
-13.7%
Declining
Net Margin
8.0%
Profitability
Operating Margin17.3%
Gross Margin35.5%
ROE11.3%
ROA5.2%
Highest Annual Net Income$265M (2024)
Highest Quarterly EPS$1.36 (Q2 2024)
Consecutive Profitable Years7 years
Q1 2026
Net Income$48M
EPS$0.78
QoQ Growth+26.5%Excellent

Loading earnings history...

ESAB EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-13.7%
Declining
3-Year
+0.0%
Solid
5-Year
+7.3%
Solid
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

ESAB Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202535.5%17.3%8.0%
202437.9%16.3%9.7%
202336.6%14.6%7.4%
202234.1%12.7%8.6%
202134.5%12.6%9.7%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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ESAB Corporation (ESAB) Earnings Overview

As of May 8, 2026, ESAB Corporation (ESAB) reported trailing twelve-month net income of $207M, reflecting -13.7% year-over-year growth. The company earned $3.72 per diluted share over the past four quarters, with a net profit margin of 8.0%.

Looking at the long-term picture, ESAB's 5-year EPS compound annual growth rate (CAGR) stands at +7.3%, showing solid earnings momentum. The company achieved its highest annual net income of $265M in fiscal 2024.

ESAB Corporation maintains positive profitability with a gross margin of 35.5%, operating margin of 17.3%, and net margin of 8.0%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including ITW ($3.13B net income, 19.1% margin), LIN ($7.13B net income, 20.3% margin), GTLS ($40M net income, 1.0% margin), ESAB has room to improve margins relative to the peer group. Compare ESAB vs ITW →

ESAB Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
ESAB logoESABCurrent
$207M$3.728.0%11.3%-13.7%—
ITW logoITW
$3.1B$10.8419.1%93.7%-10.4%
LIN logoLIN
$7.1B$15.2820.3%17.4%+7.1%
GTLS logoGTLS
$40M$0.881.0%1.3%-92.0%
RBC logoRBC
$269M$8.4915.0%8.5%+20.3%
LII logoLII
$783M$22.3715.1%78.1%-1.4%
Best in group
Lowest in group

ESAB Historical Earnings Data (2019–2025)

7 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$227M-14.4%$492M$3.728.0%17.3%
2024$265M+29.0%$447M$4.319.7%16.3%
2023$205M-8.3%$404M$3.367.4%14.6%
2022$224M-4.8%$329M$3.728.6%12.7%
2021$235M+49.4%$306M$3.929.7%12.6%
2020$157M-9.0%$202M$2.628.1%10.4%
2019$173M-$256M$2.887.7%11.4%

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Is ESAB Undervalued?

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Compare ESAB vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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ESAB — Frequently Asked Questions

Quick answers to the most common questions about buying ESAB stock.

Is ESAB growing earnings?

ESAB EPS fell to $3.72, with earnings declining -13.7%. This contrasts with the 5-year CAGR of +7.3%. TTM net income dropped to $207M.

What are ESAB's profit margins?

ESAB Corporation net margin is +8.0%, with operating margin at +17.3%. Margins sit within typical range for the sector.

How consistent are ESAB's earnings?

ESAB earnings data spans 2019-2025. The declining earnings trend is -13.7% YoY. Historical data enables comparison across business cycles.

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ESAB Earnings Over Time (2019–2025)

Net income and EPS trends